Whale dumps $28M in HYPE tokens as price slides 12% in two days
Covered by 2 sources · 2 articles
2 outlets - including Coingape and Cryptobriefing - are covering this story. Hyperliquid’s native token HYPE falls 12% over the past 24 hours amid massive profit-taking. On-chain data revealed that a wallet linked to venture capital giant a16z has started selling a major portion of its holdings. Ad Ad a16z Wallet Se…
All coverage
Hyperliquid Tumbles 12% as a16z-Linked Wallet Dumps $28M HYPE Tokens
Hyperliquid’s native token HYPE falls 12% over the past 24 hours amid massive profit-taking. On-chain data revealed that a wallet linked to venture capital giant a16z has started selling a major portion of its holdings. Ad Ad a16z Wallet Se…
Whale dumps $28M in HYPE tokens as price slides 12% in two days
A whale sold over 437,000 HYPE tokens worth $28M near all-time highs, triggering a 12% price drop in two days. Here's what it means for traders.